ICICI Bank sees March quarter margin settling at 3.5 per cent

The bank has a drill-down list of Rs 19,000 crore which has exposures to low-rated corporates in specified sectors, while there is an exposure of Rs 1,800 crore to RBI dispensations like restructuring, SDR, 5/25 and S4A.

The larger private sector lender ICICI Bank expects its domestic net interest margin (NIM) to be stable in the March at around 3.50 per cent, a senior official has said. (Reuters)